LONDON (Thomson Financial) - IncaGold Plc. posted a much narrower loss
before tax during the calendar first half but said trading conditions remain
difficult
However, it said it has moved to reduce overheads to a more sustainable
level and continues to explore alternative avenues to expand revenues on this
limited cost base.
The company's loss before tax came in at 45,700 pounds compared with a loss
of 137,000 pounds the year ago.
Turnover of 115,100 pounds has stabilised on a reduced customer base, but
remains 35 percent below revenues in the six months to June 2007, IncaGold said.
tf.TFN-Europe_newsdesk@thomson.com
ran/slm
COPYRIGHT
Copyright Thomson Financial News Limited 2008. All rights reserved.
The copying, republication or redistribution of Thomson Financial News Content,
including by framing or similar means, is expressly prohibited without the prior
written consent of Thomson Financial News.
|